Salient to Investors:
William D. Cohan writes:
Mary Jo White’s SEC is trying to make Fabrice “Fabulous Fab” Tourre the poster child for the financial crisis of 2008. This could not be further from the truth.
A low-level vice-president such as Tourre has only one responsibility: to do what he is told and get deals done. To pursue a tiny fish like Tourre while the big fish Lehman Brothers, Bear Stearns, Merrill Lynch, AIG and Countrywide Financial swim away is the real crime.
Read the full article at http://www.bloomberg.com/news/2013-07-15/free-fab-then-go-after-fuld-and-cayne-and-o-neal-.html
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